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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Well Shin Technology Co's Goodwill for the quarter that ended in Jun. 2026 was NT$0 Mil. Well Shin Technology Co's Total Assets for the quarter that ended in Jun. 2026 was NT$9,931 Mil.
Therefore, Well Shin Technology Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Well Shin Technology Co (TPE:3501) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Well Shin Technology Co Goodwill-to-Asset Related Terms
Well Shin Technology Co Goodwill-to-Asset Historical Data
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The historical data trend for Well Shin Technology Co's Goodwill-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Well Shin Technology Co's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Well Shin Technology Co Goodwill-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Well Shin Technology Co's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Well Shin Technology Co's Goodwill-to-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Well Shin Technology Co (TPE:3501) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Well Shin Technology Co and its competitors.
Is Well Shin Technology Co's Goodwill-to-Asset too high?
Well Shin Technology Co's current Goodwill-to-Asset is 0.00. Overall, Well Shin Technology Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Well Shin Technology Co's Goodwill-to-Asset compare to VRT and BE?
Well Shin Technology Co's Goodwill-to-Asset of 0.00 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Industrial Products company?
A good Goodwill-to-Asset depends on the Industrial Products industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Well Shin Technology Co and its competitors. Well Shin Technology Co's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Shin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Well Shin Technology Co (TPE:3501) is currently considered Possible Value Trap. The stock's GF Value™ is NT$56.79, compared to a current price of NT$38.00 — trading 33.1% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Well Shin Technology Co's overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Well Shin Technology Co (TPE:3501), the current Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Well Shin Technology Co (TPE:3501) Overvalued in 2026?
Based on GuruFocus' analysis, Well Shin Technology Co stock appears to be undervalued.
The current stock price of NT$38.00 is trading 33.1% below its estimated GF Value™ of NT$56.79.
GuruFocus considers Well Shin Technology Co to be Possible Value Trap.
Key valuation signals for TPE:3501:
Goodwill-to-Asset: 0.00
GF Value™: NT$56.79 vs. price of NT$38.00 (33.1% below fair value)
No single metric tells the full story. See the TPE:3501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Well Shin Technology Co Ltd manufactures electronics products. The Company is engaged in the manufacture of wire and Cable and electronic components and wholesale and retail of electronic materials. The product portfolio of the company encompasses AC plug, AC connectors, Socket inlet, Power strip, Adapter, Locking cord, Charger, Headphone, and among others.
78GF Score
Get the complete analysis for TPE:3501
Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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